@Karem , Unfortunately there is no Tax treaty between US and Peru.
Thus you will have to declare this income as a pension with full amount as taxable income ( generally you should be able to do this telling TurboTax that you have pension/annuity income and that everything in box 1 is taxable.
Also if Peru taxes this income, you do not get any foreign tax credit because there is no treaty "double taxation " clause in effect.
Is there more I can do for you ?
